Deals
NCR to Buy Retalix for About $650 Million, Gaining Software
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NCR Corp., a supplier of automated-teller machines and payment systems, agreed to buy Retalix Ltd. for about $650 million, gaining software and services used in supermarkets.
Retalix investors will receive $30 a share in cash, Duluth, Georgia-based NCR said today in a statement. That’s 37 percent more than Retalix’s closing price of $21.90 yesterday. Shares had risen 35 percent today on reports of the sale.